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Basanite Inc (QB)

Basanite Inc (QB) (BASA)

0.064
-0.0065
(-9.22%)
Closed 22 December 8:00AM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
0.064
Bid
0.061
Offer
0.0872
Volume
199,041
0.0614 Day's Range 0.077
0.0043 52 Week Range 0.08745
Market Cap
Previous Close
0.0705
Open
0.077
Last Trade
10000
@
0.064
Last Trade Time
Financial Volume
US$ 13,144
VWAP
0.066038
Average Volume (3m)
604,917
Shares Outstanding
260,156,796
Dividend Yield
-
PE Ratio
-7.23
Earnings Per Share (EPS)
-0.01
Revenue
376k
Net Profit
-2.17M

About Basanite Inc (QB)

Basanite, Inc., operating as Basanite Industries, LLC, was created to exploit the paradigm shift underway in the construction industry. As the industry looks away from traditional steel reinforcement products that not only corrode but also incur long-term costs associated with maintenance and repair... Basanite, Inc., operating as Basanite Industries, LLC, was created to exploit the paradigm shift underway in the construction industry. As the industry looks away from traditional steel reinforcement products that not only corrode but also incur long-term costs associated with maintenance and repair, Basanite is well positioned with advanced solutions which are more environmentally friendly, completely non-corrosive, more durable and longer lasting. Basanite is addressing this challenge through the manufacture of reinforcing materials made from basalt fiber reinforced polymers (BFRP). Show more

Sector
Manufacturing Industries,nec
Industry
Manufacturing Industries,nec
Headquarters
Carson City, Nevada, USA
Founded
-
Basanite Inc (QB) is listed in the Manufacturing Industries sector of the OTCMarkets with ticker BASA. The last closing price for Basanite (QB) was US$0.07. Over the last year, Basanite (QB) shares have traded in a share price range of US$ 0.0043 to US$ 0.08745.

Basanite (QB) currently has 260,156,796 shares in issue. The market capitalisation of Basanite (QB) is US$18.34 million. Basanite (QB) has a price to earnings ratio (PE ratio) of -7.23.

BASA Latest News

BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING

    BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING POMPANO BEACH, FL -- October 9, 2024...

Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer

  Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer   POMPANO BEACH, FL -- October 3, 2024 -- InvestorsHub NewsWire -- Basanite Inc. (OCTQB: BASA) is...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.00457.563025210080.05950.087450.04853389780.06625289CS
40.03555124.9560632690.028450.087450.028454489110.0525068CS
120.031596.92307692310.03250.087450.02416049170.0520041CS
260.055611.1111111110.0090.087450.00433919170.04146692CS
520.049326.6666666670.0150.087450.00432576140.0352947CS
156-0.2155-77.10196779960.27950.28450.00432207730.07222097CS
260-0.176-73.33333333330.241.120.00432363960.20977755CS

BASA - Frequently Asked Questions (FAQ)

What is the current Basanite (QB) share price?
The current share price of Basanite (QB) is US$ 0.064
How many Basanite (QB) shares are in issue?
Basanite (QB) has 260,156,796 shares in issue
What is the market cap of Basanite (QB)?
The market capitalisation of Basanite (QB) is USD 18.34M
What is the 1 year trading range for Basanite (QB) share price?
Basanite (QB) has traded in the range of US$ 0.0043 to US$ 0.08745 during the past year
What is the PE ratio of Basanite (QB)?
The price to earnings ratio of Basanite (QB) is -7.23
What is the cash to sales ratio of Basanite (QB)?
The cash to sales ratio of Basanite (QB) is 42.86
What is the reporting currency for Basanite (QB)?
Basanite (QB) reports financial results in USD
What is the latest annual turnover for Basanite (QB)?
The latest annual turnover of Basanite (QB) is USD 376k
What is the latest annual profit for Basanite (QB)?
The latest annual profit of Basanite (QB) is USD -2.17M
What is the registered address of Basanite (QB)?
The registered address for Basanite (QB) is 701 S CARSON ST, STE 200, CARSON CITY, NEVADA, 89701
What is the Basanite (QB) website address?
The website address for Basanite (QB) is www.basaniteindustries.com
Which industry sector does Basanite (QB) operate in?
Basanite (QB) operates in the MANUFACTURING INDUSTRIES,NEC sector

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BASA Discussion

View Posts
PennyStockTrader2 PennyStockTrader2 4 weeks ago
was able to get in as low as .025, will be selling in the mid .04s into .05s if the opportunity exists.
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PennyStockTrader2 PennyStockTrader2 1 month ago
Ive started buying back from .038 to .03, this is a normal retrace. If it further falls i would buy in larger quantity.
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The Night Stalker The Night Stalker 2 months ago
back to sleep
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The Night Stalker The Night Stalker 2 months ago
that volume tho
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The Night Stalker The Night Stalker 2 months ago
why all the interest lately
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The Night Stalker The Night Stalker 2 months ago
why all the interest lately
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The Night Stalker The Night Stalker 3 months ago
low floats on fire, im in MSEZ 800k DTC
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TommyBoyTrader9460 TommyBoyTrader9460 3 months ago
$BASA
https://x.com/autumnsdad1/status/1842533008160497664?s=61
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The Night Stalker The Night Stalker 3 months ago
beast
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The Night Stalker The Night Stalker 3 months ago
https://www.stockscores.com/charts/charts/?ticker=basa
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TradeRewards TradeRewards 3 months ago
NEW CEO ,interim or not huge news and plenty of locations could use product
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The Night Stalker The Night Stalker 3 months ago
wowza
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TommyBoyTrader9460 TommyBoyTrader9460 3 months ago
$BASA
https://x.com/autumnsdad1/status/1837825671449493890?s=61
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PennyStockTrader2 PennyStockTrader2 3 months ago
continue to take profits at this price, if it goes further then keep taking profits, 25K shares here, 30k shares there. Cant marry any stock but these guys have something special thats for sure.
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TradeRewards TradeRewards 3 months ago
Florida is in midst of building and retrofitting boom, especially along the coasts, very good for BASA
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TommyBoyTrader9460 TommyBoyTrader9460 3 months ago
$BASA
https://x.com/autumnsdad1/status/1836706452204929296?s=61
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PennyStockTrader2 PennyStockTrader2 3 months ago
Fantastic absolutely fantastic, I was able to capitalize on more pullbacks even this week, and then BOOM, it takes off today, taking profits all the way through. Will it pull back to a penny, sure it could, then buy more, if it runs well into the .02s, keep selling. It was just a matter of time.
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PennyStockTrader2 PennyStockTrader2 4 months ago
we definitely got our washout and while I didnt get those prices I did decent, and we may, I say may, have hit our bottom. At this point I would be monitoring for profit potentials above a penny, but even more importantly looking for any kind of news that shows we're moving forward in the direction of getting the machines and producing material. That is likely many months out but lets see. Any pullbacks are opportunities to buy say around .006x or below
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PennyStockTrader2 PennyStockTrader2 7 months ago
Continuing to rebuild my position with some shares at .0086 today, I like the price and will be buying more here and lower prices if we get them. There is a seller with like 250K for sale at .0094, so I want to extract pain from them by having them sell at a lower price, if someone else is willing to pick those shares then fine, but I would rather see a washout to .007x range and buy there if we get it
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PennyStockTrader2 PennyStockTrader2 9 months ago
Picked up a 100K at .0111. I feel like this is a good bottoming price. Could it go back under a penny, sure it could in which case if we got a downdraft like we did before it could go back to .005 but I doubt it so I'd be buying in increasing ladders down to that price. On the upside, I might take profits at .017 or more but this could run at any point and to any point.
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PennyStockTrader2 PennyStockTrader2 10 months ago
Continuing to follow BASA price action, having sold everything a little while back. if I had a lot of free cash I would be buying in the .011 and below price range, this could easily run past .02 on news. But the company really really messed up and has produced a nothing-burger, while most large investors have lost just about everything. Thats why you have to be nimble with these stocks, heck even my first purchases were around a dime and it still ended up tanking from there, you just never know, but down at these lower prices while there is risk for going to zero, theres also nice potential for spikes to any number of prices depending on the news or otherwise.
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PennyStockTrader2 PennyStockTrader2 12 months ago
this continues to be a good trade, sold most of what I had left in the .015s and purchasing back on the pullback. Rinse and repeat.

could it have run to .02 and beyond? Absolutely it could, but this is a game of percentages.
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PennyStockTrader2 PennyStockTrader2 1 year ago
well this turned out to be a good trade so far, as usual I have bought much too early and am selling much too early, but it will still be profitable. Problem was it dropped so so much farther than I could have ever dreamed and without visibility you never know maybe there is some kind of bankruptsy looming one never really knows. But I'll take it
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PennyStockTrader2 PennyStockTrader2 1 year ago
Basanite has tanked and I have taken advantage of the fall as low as .005. Now its a matter of trading it within whatever range it finds itself, but I have started selling at.0095 and will continue to do so if it keeps recovering, otherwise I would buy back under .0065. They really need to find their way and make progress, they have an incredible product the uses for which are unlimited, but they have not been able to properly run the company. Anyway the volume at this price is excellent for trading.
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food4thought food4thought 2 years ago
Why??
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PennyStockTrader2 PennyStockTrader2 2 years ago
sold most of what I had in the 5s, buying back just under 4 which is a good price. The problem is that you have to take profits when the opportunity presents itself, many of these pennies are really having a hard time holding gains.
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Impacto Impacto 2 years ago
Adding !!!!!
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PennyStockTrader2 PennyStockTrader2 2 years ago
this has turned out to be a real dog. Thru trading I am closer to break-even considering started buying at 11 cents. I would still be a buyer at .037 range and a seller over 5 cents, though I dont have a lot of shares left. It's a shame I love what they are doing.
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PennyStockTrader2 PennyStockTrader2 2 years ago
continued with some light trading here, but picking up decent amount under 4 cents, this should be a successful trade, this stock is cheap.
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PennyStockTrader2 PennyStockTrader2 2 years ago
sold out of my position at .139 and started buying back at .111. This is a good price for this stock, will buy more if opportunity presents itself
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1flaguy 1flaguy 2 years ago
Lots of potential here .11 risk to 0 and much potential shot of .50 or higher in the future.
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PennyStockTrader2 PennyStockTrader2 2 years ago
taken a starter position over the past few weeks. I love what they are doing.
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disco dave disco dave 3 years ago
next week?
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disco dave disco dave 3 years ago
hold tight
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disco dave disco dave 3 years ago
All aboard!
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willlbone willlbone 3 years ago
Getting close to 2 year low.
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1flaguy 1flaguy 3 years ago
News out..
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Johnny_C Johnny_C 3 years ago
I have been super positive at times, and super negative on some of the decisions. I am extremely bullish right now because I think management righted the ship and are ready to execute. The latest price release could result in the company having orders for all they can produce running 8 machines on 3 shifts.

This is a product that is needed, 1/3 of all steel produced goes for rebar

To have a product that never rusts and has 3 times the tensile strength of black steel is incredible.
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food4thought food4thought 3 years ago
Cheers. Will do.
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JustGern JustGern 3 years ago
Now that’s some food for thought. Bring your comments and submissions over to StockTwits under BASA. A lot more going on there than here.
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food4thought food4thought 3 years ago
Given the nice move and volume today, you have to ask yourself what is the potential near term market cap/valuation and is the company fiscally sustainable to move forward with large scale product development, manufacturing, and growth?



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Johnny_C Johnny_C 3 years ago
Very positive news today. They have world class product and now might finally execute
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disco dave disco dave 3 years ago
i was wondering were everyone was.thanks my new name there is discodeman
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JustGern JustGern 3 years ago
Dave…..come over to StockTwits. This place is dead.
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disco dave disco dave 3 years ago
teens soon, management get your act together!
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disco dave disco dave 3 years ago
the company has to get the share price up
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disco dave disco dave 3 years ago
we have volume,something cooking?
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disco dave disco dave 3 years ago
we need some good news this week
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disco dave disco dave 3 years ago
Basanite, Inc to Present at the Fall Harvest Best Ideas from the Buy-Side Virtual Conference https://ir.basaniteindustries.com/news-events/press-releases/detail/47/basanite-inc-to-present-at-the-fall-harvest-best-ideas
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JustGern JustGern 3 years ago
Oh….well….you nailed it then.
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